Box Inc.'s board of directors approved a $500 million stock buyback plan.
The cloud-storage company said the authorization, an expansion of its existing share repurchase program, is valid through Sept. 30, 2027.
The company approved a $150 million expansion of its then-existing stock buyback program on March 3, 2025.
Box's stock is down 21% in the last three months. Shares rose 3.5% to $24.70 in after-hours trading Thursday.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
March 19, 2026 17:12 ET (21:12 GMT)
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